The owner of Flame Towers, a complex of high-rise buildings in Baku, intends to administer new heights: he coordinated project to build a 50-storey business center on Heydar Aliyev Avenue.
According to the State Committee for Urban Planning and Architecture, Baku executive power allowed Ltd. Azinko Holding and Azvil Tikinti to build 3,000 m2 of a one-block 50-storey building. On the total area of the building not reported. For the construction of a building allocated 1 hectare of land on the address: Baku, Heydar Aliyev Avenue, 109.
The draft of the new business center was developed by "Mazeron Mimarlık Dekorasyon Tekstil TIC.A.S. (Turkey) and ARXIN-M LTD.
It should be noted that today the tallest building in Baku is one of the three towers Flame Towers - 190-meter 39-ing the building for offices and a hotel. The complex was built in 2007-2012 on the site of the former hotel "Moscow" Azerbaijani-Turkish company "DİA Holding" commissioned by the LLC "Azinko Holding".
Ltd. "Azinko Holding" was founded in 2006 and consists of five companies (housing cooperatives "KLASS AZ KO", "KHAZAR AZ KO", "SAHIL AZ CO, LLC AZ-INCO and LLC REGIONAL INSHAAT). Local media claim that the holding in Azerbaijan belongs to the ruling Aliev family. All companies have the same legal address – Baku, 3 Zarifa Aliyeva Street. The same address is shared by such famous companies as OOO "AZENCO Group", "Azerbaycan Senaye Banki", "Azerbaycan Senaye Sigorta" and others. ---- 08B
Economics
-
Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
Leave a review